NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

Fire breaks out at Eni's Sannazzaro refinery

Published 01/12/2016, 17:36
Updated 01/12/2016, 17:40
© Reuters. The logo of Italian energy company Eni is seen at an Agip gas station in Lugano
ENI
-

ROME/MILAN (Reuters) - A fire broke out at Eni's (MI:ENI) Sannazzaro De' Burgundi oil refinery in northern Italy on Thursday afternoon, the oil major said, adding there were no reported injuries.

Eni, Italy's biggest refiner, said in a statement the fire had started at around 4.00 pm in the so-called EST plant at the refinery. The cause was still unknown.

"The fire is currently being extinguished," Eni said.

Traders said the 200,000 barrels-per-day refinery had started a 30-day maintenance on November 6.

Eni built the EST plant, ENI Slurry technology, to convert heavy oil residues into petrol and diesel products.

A spokesperson for the Italian fire brigade said earlier on Thursday the fire was large and had sent up clouds of smoke.

© Reuters. The logo of Italian energy company Eni is seen at an Agip gas station in Lugano

"There's a lot of smoke and we are currently evaluating whether any sort of evacuation plan may be needed," Luca Cari told Reuters.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.